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Online gambling is gaining popularity in the US, driven by consumer demand for quick profit generation and capital portfolio enhancement. The internet betting market is segmented by game type and end users, with casino gaming emerging as a rapidly expanding category in online wagering. The adoption of virtual reality, blockchain, and mobile platforms in cyber gambling has further spurred market growth. Key trends include a growing gambling culture and a burgeoning sports betting segment in the digital betting industry.
The size of the online gambling market in the United States rose to 19.54 billion U.S. dollars in 2023, representing an increase of around 39 percent from the previous year. This figure was forecast to increase to 39.82 billion U.S. dollars by 2029.
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The United States online gambling market size reached USD 11.0 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 22.0 Billion by 2033, exhibiting a growth rate (CAGR) of 7.63% during 2025-2033.
Report Attribute
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Key Statistics
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Base Year
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2024
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Forecast Years
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2025-2033
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Historical Years
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2019-2024
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Market Size in 2024 | USD 11.0 Billion |
Market Forecast in 2033 | USD 22.0 Billion |
Market Growth Rate (2025-2033) | 7.63% |
IMARC Group provides an analysis of the key trends in each sub-segment of the United States online gambling market report, along with forecasts at the country and regional level from 2025-2033. Our report has categorized the market based on game type and device.
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The Report Covers North America Online Gambling Companies and the Market is segmented by game type (sports betting, casino, and other game types); by device (desktop and mobile); and by geography (the United States, Canada, Mexico, and the Rest of North America). The market size and forecasts are Provided in value (USD million) for the above segments.
The size of the global online gambling and betting industry amounted to 85.62 billion U.S. dollars in 2023. This has been forecast to rise to 133.59 billion U.S. dollars by 2029. In comparison, the market size of the global sports betting and lottery industry was valued at roughly 244 billion U.S. dollars as of March 2024. Overall, the global sports betting industry constituted more than 200 thousand employees and approximately 22 thousand businesses. How popular is sports betting in the United States? In 2022, over 25 million individuals engaged in sports betting in the United States, highlighting the prevalence of the activity in the North American country. Moreover, this figure was forecast to increase by 47 percent by 2025. Overall, the total revenue from sports betting in the U.S. amounted to 11.04 billion U.S. dollars in 2023, denoting an increase of approximately 46 percent from the previous year. Meanwhile, DraftKings was the most popular sports betting website in the U.S. as of July 2023. What is the United Kingdom’s National Lottery? A lottery is a form of gambling where participants purchase numbered tickets with the aim of matching those numbers with lots, which are drawn randomly at a later date. Established in 1994, the National Lottery is a nationwide version of the activity that is regulated by the Gambling Commission of the United Kingdom. Between April 2022 and March 2023, over eight billion British pounds worth of National Lottery tickets were sold, which was slightly higher than the figure reported in the period immediately prior. Meanwhile, more than 4.6 billion British pounds were available as prize money for potential winners of the National Lottery in the same period.
The global market size of the casino and online gambling sector totaled 292.1 billion U.S. dollars in 2023. This marked the first time since the beginning of the coronavirus (COVID-19) pandemic in 2020 that the market size reached pre-pandemic levels.
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The U.S. Online Gambling Market size was evaluated at $12.1 billion in 2023 and is slated to hit $27 billion by the end of 2032 with a CAGR of nearly 11%.
US Online Sports betting industry is supported by some of the major players that oversee today’s betting and money exchange, actively streaming around the globe. The US online sports betting market has been experiencing significant growth and expansion over the past few years, especially since the unprecedented arise of Covid-19.
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The Online Gambling Market Report is Segmented by Game Type (Sports Betting, Casino, Lottery, and Bingo), End User (Desktop and Mobile), and Geography (North America, Europe, and Rest of the World). The Report Offers Market Size and Values in (USD) During the Forecast Period for the Above Segments.
This statistic reflects the growth and change of the U.S. online gaming market volume from 2003 to 2010. In 2006, the online gaming market was valued at 6 billion U.S. dollars.
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U.S. sports betting market accounted for USD 32.63 Billion in 2032 and expected to expand at a compound annual growth rate CAGR of 10.2% over the forecast period according to PMR.
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India online gambling market size reached USD 2.9 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 5.7 Billion by 2033, exhibiting a growth rate (CAGR) of 7.78% during 2025-2033. The inflating popularity of interactive entertainment, along with the growing demand for a convenient alternative to traditional land-based gambling, is primarily driving the market growth.
Report Attribute
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Key Statistics
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Base Year
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2024
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Forecast Years
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2025-2033
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Historical Years
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2019-2024
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Market Size in 2024
| USD 2.9 Billion |
Market Forecast in 2033
| USD 5.7 Billion |
Market Growth Rate 2025-2033 | 7.78% |
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2025-2033. Our report has categorized the market based on game type and device.
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The Australia online gambling market size was valued at USD 5.2 Billion in 2024. Looking forward, IMARC Group estimates the market to reach USD 8.9 Billion by 2033, exhibiting a CAGR of 5.88% from 2025-2033. Favorable regulatory environment in the country, rapid technological advancements, changing consumer preferences, ongoing promotion and advertising activities, and expansion of variety of offerings are some of the factors bolstering the market Australia online gambling market share.
Report Attribute
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Key Statistics
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---|---|
Base Year
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2024
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Forecast Years
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2025-2033
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Historical Years
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2019-2024
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Market Size in 2024
| USD 5.2 Billion |
Market Forecast in 2033
| USD 8.9 Billion |
Market Growth Rate 2025-2033 | 5.88% |
IMARC Group provides an analysis of the key trends in each segment of the Australia online gambling market, along with forecasts at the country and regional levels from 2025-2033. The market has been categorized based on game type and device.
When surveyed in August 2024, it was found that 10 percent of adults in the United States participated in online sports betting. Meanwhile, 7 percent said they played online casino games and slot machines. Online gambling landscape in the U.S. The legal status of online gambling varies from state to state in the U.S., with only a handful of states having fully legalized iGaming as of December 2023. Among these were New Jersey, Connecticut, and Delaware. Meanwhile, state legislators have been more lenient with other forms of gambling, with 38 states having legalized sports betting as of September 2024. How big is the online gambling market in the U.S.? Since the legalization of sports betting at a federal level in 2018, the market size of the online gambling industry in the U.S. has grown significantly, reaching nearly 20 billion U.S. dollars in 2023. This is also reflected in participation rates, with the share of U.S. adults taking part in iGaming and sports betting increasing between 2021 and 2023.
US Casino Gaming Market Size 2024-2028
The US casino gaming market size is estimated to grow by USD 9.5 billion accelerating at a CAGR of 3.22% between 2023 and 2028. The online casino industry is experiencing significant growth due to several key factors. Firstly, the increasing spending capability of customers, driven by economic stability and disposable income, is fueling a rise in demand for online gaming. Secondly, the penetration of online casino platforms has expanded exponentially, making gaming more accessible than ever before. Lastly, the easing of government regulations in various jurisdictions has allowed for the legalization and normalization of online casino gaming, further boosting its popularity. These factors combined are creating a favorable environment for the continued growth and success of the online casino industry.
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Market Dynamics
The market is a dynamic and evolving industry, characterized by various gaming options and innovative technologies. The market caters to diverse end-use segments, including online and offline casinos, sports betting, lotteries, and gaming arcades. The market's growth is driven by several factors, including customer preferences for convenience and immersive gaming experiences. In terms of gaming options, the market offers a wide range, from traditional table games like poker and blackjack to slot machines and electronic games. The use of advanced technology, such as virtual reality and augmented reality, is becoming increasingly popular, providing players with a more engaging and interactive experience. The market also prioritizes sustainability, with a focus on eco-friendly packaging options and regulatory compliance. Sustainable packaging materials, such as bioplastics and paper, are gaining popularity, while regulatory pressure and customer awareness are driving the adoption of sustainable practices in the industry. The market is segmented based on end-use and closure options. Closure options include spout closures, which are commonly used in ready-to-drink beverages, and standard closures, which are used in various packaged food and beverage applications. The market also offers various treatment types, such as metal, plastic, and paper, to cater to diverse customer preferences.
Key Market Driver
The growth in spending capability of customers is a key driver boosting the market. The surge in dual-income households in the US signifies higher per capita disposable income, boosting affordability for luxury items and spending capacity. Globally, the workforce's female representation has risen substantially. In 2022, over 57% of US women were employed, and 70% of mothers with children under 18 were part of the workforce, elevating income levels. This economic empowerment has led to increased expenditure on recreational activities like sports betting, also becoming a status symbol among the affluent. The casino gaming market in the US is experiencing significant growth due to rising income levels, increased awareness, and enhanced security measures on online platforms.
Significant Market Trends
The public image enhancement is a key trend shaping the growth of the market in US. The US casino gaming market grapples with a tarnished public perception, leading to bans in certain states based on moral or religious grounds. The industry is often associated with fraud, prompting government monitoring to ensure vendor legitimacy and equal player opportunities. To rebuild trust, increased contributions to social welfare and developmental initiatives are being emphasized. These measures aim to enhance market credibility and encourage player confidence, fostering growth in the forecasted period.
Major Market Challenges
The difficulties in securing online payments is a key factor hindering the growth of the market in US. Most US casino gaming firms process payments via credit or debit cards, necessitating compliance with the Payment Card Industry Data Security Standard (PCI-DSS) to safeguard customers' financial information and minimize fraud. Adhering to PCI-DSS is crucial in reducing the risk of financial losses resulting from card-related fraud. Security solution providers like Thales Solutions offer end-to-end encryption services to enhance payment security for casino gaming companies. However, varying security budgets among companies may limit widespread implementation of external security services, presenting a substantial challenge to the US casino gaming market in the forecast period.
Market Segmentation
The commercial segment is set for significant growth in the US casino gambling market. Dominated by major players like commercial casinos, these establishments offer diverse gaming options, including traditional table games and the latest video slots. Many commercial casinos go beyond gaming, featuring luxury hotels, restaurants,
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The North America online gambling market size attained a value of USD 13.068 billion in 2024. The market is expected to grow at a CAGR of 9.07% between 2025 and 2034, reaching almost USD 27.567 billion by 2034.
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The US Online Gambling & Betting Market Size Was Worth USD 11.92 Billion in 2023 and Is Expected To Reach USD 36.52 Billion by 2032, CAGR of 13.30%.
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The size of the North America Casino Gambling Market was valued at USD XX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of 5.00">> 5.00% during the forecast period. The casino gambling market encompasses a wide array of gaming activities and entertainment options offered within physical casinos, as well as online platforms. This market includes traditional games such as slot machines, table games like poker and blackjack, and increasingly popular online gaming experiences, including live dealer games and virtual casinos. The growth of the casino gambling market has been fueled by factors such as the liberalization of gambling regulations in various jurisdictions, the expansion of online gambling, and advancements in technology that enhance user experience. In recent years, the shift towards online and mobile gambling has significantly transformed the landscape of the casino market. Consumers are increasingly drawn to the convenience of online platforms, which allow them to gamble from the comfort of their homes or on the go. This trend has been accelerated by the COVID-19 pandemic, which prompted many physical casinos to temporarily close, pushing players towards online alternatives. As a result, operators have invested heavily in digital platforms to provide engaging experiences, including mobile apps and interactive gaming options. Recent developments include: October 2023: Merkur, a casino games developer and subsidiary of The Gauselmann Group, entered into an agreement with Gaming Arts. The collaboration will likely focus on the development and supply of casino games for casinos across North America., August 2023: Golden Nugget Online Gaming has launched its online and mobile casino in Pennsylvania. The Golden Nugget Online Gaming casino app, powered by DraftKings technology, includes more than 500 slots and classic table games.. Key drivers for this market are: Internet Penetration is Driving the Market. Potential restraints include: Government Regulations are Restraining the Market. Notable trends are: Online Sector is Dominating the North America Casino Gambling Market.
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The Casino Gambling Market is Segmented by Type (live Casino, Baccarat, Blackjack, Poker, Slots, and Other Casino Games) and Geography (North America, Europe, Asia-Pacific, Latin America, The Middle East, and Africa). The Report Offers Market Size and Values in (USD) During the Forecast Period for the Above Segments.
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Explore the Online Gambling Market trends! Covers key players, growth rate 12.3% CAGR, market size $186.58 Billion, and forecasts to 2034. Get insights now!
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Online gambling is gaining popularity in the US, driven by consumer demand for quick profit generation and capital portfolio enhancement. The internet betting market is segmented by game type and end users, with casino gaming emerging as a rapidly expanding category in online wagering. The adoption of virtual reality, blockchain, and mobile platforms in cyber gambling has further spurred market growth. Key trends include a growing gambling culture and a burgeoning sports betting segment in the digital betting industry.